$6,850,000
709 S Kingsley Drive
Los Angeles, CA 90005
21
Beds
21
Baths
11,216
Square feet
1989
Built
Listing narrative
Description
New Star Realty is pleased to present an exclusive multifamily investment opportunity at 709 S Kingsley Drive, a highly desirable 15-unit asset strategically located in the heart of Central Los Angeles. This exceptionally maintained building features premium tenant amenities, including a passenger elevator and secure subterranean parking. Since acquiring the asset in 2018, the current ownership has executed substantial building-wide capital improvements and extensive interior remodels across the units. Operational efficiency is optimized as 14 of the 15 units have been upgraded to modern central heating and air conditioning, each apartment is individually metered, and the property requires no on-site manager. This turnkey offering delivers immediate, low-overhead stability alongside clear, proven upside to further maximize rental income in a high-demand rental market.
Property Details
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Price
$6,850,000
Beds
21 bd
Type
House
Home Size
11,216 sqft
Baths
21
Lot Size
0.16 acres
Year
1989
Status
For Sale
Days on Market
83
$ / Sqft
$611
Courtesy of New Star Realty





